9) a) NewCo Inc just purchased a milling machine for $10,994. It cost another $1,657 to install it and make it fully turn-key. Its being depreciated straight-line to a value of $1,825 over 14 years. What is the book value of the asset at time 7 ?

b) Rondo Seafoods is about to liquidate its 200 (61 m) long, floating seafood processor, named the Discovery Star, for $12 million.

The Discovery Star currently has a book value of $2.5 million.

Rondos tax rate is 34%.

Last year, Rondo had revenue of $38 million.

Compute the Cash flow from Cap Ex thats associated with the sale of the Disco-Star.